3 bedroom terraced house for sale

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3 bedroom terraced house for sale

Penfield Close, Manchester, M1
£290,000

Our Summary

  • Already configured for HMO use, the property offers substantial potential for rental income
  • All cash buyers are required to indemnify searches and surveys as outlined in our terms and conditions

Description

This property offers a lucrative buy-to-let opportunity with guaranteed rent for 7 years at 30% above market rates, yielding an impressive 13% of the sale price per year. The fully managed and insured property is already configured for HMO use, featuring a spacious living room, kitchen, and three generously sized bedrooms with a main family bathroom. The property also boasts spacious front and rear gardens, making it an attractive choice for tenants. Its prime location in Manchester, close to the city centre, universities, and excellent transport links, ensures a high demand for rental income. With no void periods or fees, this property offers peace of mind for investors seeking secure, hassle-free returns. A £6,000 deposit and a non-refundable Reservation Fee of £450 inc VAT are required to secure the property, which is available to cash buyers who will be required to indemnify searches and surveys.
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